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07:33
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Originally posted by flaneur14:
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Perhaps I am overlyoptimistic but all is not lost, I think.it hasthe effect of displacing the directors and the provisional liquidatorassumes control of the company but he provisional liquidator also hasthe power to carry on the company’s business. Thereis always the prospect of discussions and negotiations between theshareholders, noteholders and ASIC as to the future governance ofMerlin.”
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I understand what you are saying. I think the priority is to get the mine operating to produce income from diamonds that are sold, and the proceeds of sale returned to MED's bank account.
